Switzerland has suspended most-favored-nation status for India under their tax treaty, but Indian officials say the immediate trade impact will be minimal. The move raises concerns about investment flows under the European Free Trade Association agreement, which includes a $100 billion investment commitment from EFTA nations to India over 15 years.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20